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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 1,799,000

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2040 Polk ST Hollywood, FL 33020

3,040 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $591

Subdivision Hollywood

MLS Listing ID B26045137

Style Twin Home,Duplex

HOA Y/N No

Leases Per Year 2

Year Built 1945

Annual Tax Amount $14,478

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Duplex

Property Description

Exceptional mixed-use redevelopment opportunity in the heart of Downtown Hollywood, Florida! Situated on a highly visible corner lot, this property is currently operating as a successful income-producing Airbnb and wellness spa, offering immediate cash flow while planning for future development. Zoned ND-3, this premier site allows for a wide variety of residential, commercial, office, hospitality, and mixed-use applications, with the potential to develop up to 10 stories. Located just steps from vibrant Hollywood Boulevard and surrounded by new development, restaurants, retail, entertainment, and luxury residential projects, this property sits in one of the fastest-growing and most dynamic corridors in Broward County. The area continues to experience significant investment and redevelopment, making this a rare opportunity for investors, developers, and owner-users alike. Ideal for a luxury residential tower, boutique mixed-use development, medical office, wellness center, law firm headquarters, professional office building, boutique hotel, or continued hospitality and spa operation. The corner location provides excellent visibility, accessibility, and long-term appreciation potential. Whether you're seeking an income-producing asset today or a strategic land acquisition for tomorrow's development, this property offers the flexibility, zoning, and location that sophisticated investors and developers are looking for. Some photos are virtual renderings.

Location

State FL

County Broward

Community Hollywood

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Hardwood, Tile, Wood

Exterior

Exterior Feature Awning(s)

Pool None

Utilities Available Electricity Available, Water Available

Roof Type Composition,Shingle

Private Pool No

Building

Lot Description <1 Acre, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Twin Home, Duplex

Level or Stories One

Structure Type Brick,Block

Schools

Middle Schools Olsen

High Schools South Broward

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 514215011690

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No Pet Restrictions

Virtual Tour https://www.zillow.com/view-imx/20a04185-dff8-404a-a2e8-7e5916a2bd30?wl=true&setAttribution=mls&initialViewType=pano

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Signature International RE

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Alex Mendel

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+1(561) 827-8449

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Alex Mendel

2040 Polk ST Hollywood, FL 33020

Key Details

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Exterior

Building

Schools

Others

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2040 Polk ST